Baner

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Average Buy Price 7,210 /sq ft Properties for Sale
Average Rent for 2 BHK 16,600 /month Properties for Rent

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About Baner

 

Located in the western part of Pune, off Katraj-Dehu Road Bypass, Baner is a rapidly developing locality. Regarded by a few as the fastest developing suburb of Pune, Baner is close to Shree Chhatrapati Sports Complex and Hinjewadi IT Park. It is also the most convenient gateway to Mumbai through the expressway.

 

Being conveniently located parallel to Mumbai-Bangalore Expressway, Baner provides its residents with many modern amenities like play area, garden, society club house, jogging track, grocery stores, hospitals, schools, colleges, and Deccan Gymkhana, which are within walkable distance.

 

Key Projects in Baner : 

Rohan Leher Phase II
Behede Prisa
Skywards Riviera Valentina
Lajmoh Apartment
Skyline Gulmohor
Landmark Mayflower
Behede Opal Apartment
Niche Elysia
Trimurti Orean
Aditi's Ribera
Brite Sky
Goel Ganga Acropolis

 

Connectivity and Transit Points

 

The common modes of transport in Baner are public buses, auto-rickshaws, and cabs. Dutta Mandir bus stop, Balewadi Phata bus stop, and Abhinav College bus stand are the closest to Baner. The rail transit points located nearby, within 8 km of the region, are Khadki Railway Station, Shivaji Nagar Railway Station, and Dapodi Railway Station. Pune Airport is at a distance of about 18 km from here.

 

Major Landmarks

 

·         Aga Khan Palace

·         Shinde Chatri

·         Film and Television Institute of India

·         Chaturshrungi Hills

·         Darshan Museum

·         Sri Balaji Mandir

·         Raja Dinkar Kelkar Museum

·         National Defense Academy

·         Bagul Udyan

 

Factors for Growth in the Past

 

A few years ago, Baner was an agricultural land. Once famous for its Mango, Guava, Tamarind and Plums. Baner lost its charm as a rich agricultural hub, slowly emerging as a blooming industrial stretch in the making. Industrialisation of the locality, therefore, was a major growth factor at the start.

 

Infrastructure development has been another major factor, as community participation in the area has been enabling basic infrastructure upgradation. Solid waste management, for instance, has been top priority in the area. This eventually led to an influx of people in the area.

 

Residential & Commercial Market

 

Baner has emerged as a highly desirable location for IT professionals because of its proximity to Aundh and Hinjewadi, and easy access to the highway. Property price in Baner is around Rs 7,350 per sq. ft.

 

Major Challenges

 

ITI Road, the road connecting to Baner, is extremely crowded. Paucity of parking spaces within the area is a cause of concern, as well. Sometimes, IT professionals have to park their vehicles on the roads instead of the basement, causing more traffic issues.

 

In addition, curbing the menace of stray dogs in the area is a matter of concern. Although the crime rate is relatively low in the region, petty thefts can occur once in a while. During monsoon, heavy showers tend to take a toll on the busy traffic roads.

 

Factors for Growth in the Future

 

Considering the rise in the number of residential projects being launched, the real estate market in Baner is set to grow significantly. Upcoming projects in Baner such as Park Grandeur, Basil Garden Rise, Aarti Residency, KBD Aurelia, Vilas Javedkar Portia, Kasturi Legacy, and Puranik Aldea Espanola are slated to be launched in the next three years.

 

Baner has seen historical appreciation of 20-25% and still continues to benefit tremendously from growth factors such as availability of good infrastructure, serene environment, and proximity to Pune-Mumbai Expressway and the thriving IT hub Hinjewadi. 

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